The Coin Shark: Huawei Is Going To Lay Off Hundreds Of American Workers

  • Monday, 15 July 2019 11:00
As it became known, the Chinese telecommunications company Huawei is going to cut several hundred workers in the United States of America. Recall that in recent months, the company fought with the US government, after the Trump administration imposed a ban on the sale of their products in the United States. The official reason for the ban is a threat to state security in the context of the ongoing US-China trade war. According to the WSJ, Huawei plans to fire employees of the research company Futurewei Technologies, which manages a number of research laboratories. It is reported that some of the company’s employees will be offered to return to China to let them continue working in Huawei. Recall that in May 2019, the administration of the President of the United States issued an order to ban the sale of Huawei products to all American companies. In addition, Huawei can not buy software for their products. At the G20 summit, Trump said that he will ease sanctions against this company, but as of the moment, the situation still has not changed. We want to remind: The U.S. Department of Commerce Said Huawei is Still Blacklisted

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